Global Automotive Rocker Panel Market Size By Type (Lower Quarter Panels, Door Rocker Panels), By Vehicle Type (Light Duty Vehicles, Medium Duty Vehicles), By Sales Channel (Aftermarket, Original Equipment Manufacturers (OEMs)), By Material (Fiber, Rubber), By Geographic Scope And Forecast

Automotive Rocker Panel Market Size And Forecast

Automotive Rocker Panel Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2022 to 2030.

The automotive rocker panel market is really taking off, especially in those up-and-coming countries! A big reason? The ever-growing car industry. Plus, there's all this new legislation and design stuff pushing for safer cars. They're doing more and more crash tests, so they need materials that can really take a beating. This means we need tougher, longer-lasting rocker panels more than ever. Want the full scoop? The Global Automotive Rocker Panel Market report gives you the complete picture. It digs deep into the important parts, trends, what's making the market tick, what's holding it back, who's competing, and all those other key ingredients that are shaping the market.

Global Automotive Rocker Panel Market Definition

An automotive Rocker Panel is a device that pumps gasoline or fuel from the gas tank to the engine’s injectors. The pump creates positive electrical pressure in the fuel lines, which transports gasoline to the internal combustion engine. It is often placed in passenger automobiles, as well as light and large commercial vehicles, and is programmed to transmit signals to the engine indicating the amount of gasoline necessary in the tank. In compared to standard mechanical pumps, it has a longer service life, less noise, better fuel supply, and better interference suppression.

It prevents the vehicle’s bottom from sinking in the center, and its great strength prevents deformation in the event of an accident. Because of these appealing qualities, the demand for automobile rocker panels is predicted to rise significantly throughout the forecast period. The rising requirement to replace outdated rocker panels with new ones is expected to boost the global Automotive Rocker Panel Market.

Global Automotive Rocker Panel Market Overview

Significant expansion in the automotive industry is one of the primary reasons driving the market’s favorable outlook. In keeping with this, automakers are producing rocker panels that fulfill security criteria while also improving the vehicle’s visual appeal. They are also developing product versions with increased strength, security, and durability. Various product advancements, such as the use of lightweight polymers, such as modified polycarbonate and polybutylene terephthalate, to create rocker panels, are also working as growth drivers.

These materials contribute to the vehicle’s overall weight reduction and improved fuel economy. In keeping with this, manufacturers are replacing obsolete, damaged, or degraded rocker panels with new, upgraded corrosion-resistant materials. Other reasons, including rising demand for heavy vehicles such as trucks in the transportation industry, as well as the widespread adoption of electric and hybrid vehicles (EVs/HVs), are likely to propel the market even further.

Furthermore, the installation of severe government laws relating to a variety of security requirements is boosting the market growth. Additionally, the introduction of electric cars as a result of increased environmental concerns is stimulating the industry. Furthermore, rising demand for used automobiles, as well as increased repair and maintenance operations, are driving the usage of automotive rocker panels in the aftermarket segment. Various technical developments have resulted in the creation of improved product varieties in the market, which is projected to fuel market expansion further.

Global Automotive Rocker Panel Market Segmentation Analysis

The Global Automotive Rocker Panel Market is segmented on the basis of Type, Vehicle Type, Sales Channel, Material, and Geography.

Automotive Rocker Panel Market, By Type

• Lower Quarter Panels• Door Rocker Panels

Based on Type, the market is segmented into Lower Quarter Panels and Door Rocker Panels.

Automotive Rocker Panel Market, By Vehicle Type

• Light Duty Vehicles• Medium Duty Vehicles• Heavy Duty Vehicles

Based on Vehicle Type, the market is segmented into light Duty Vehicles, Medium Duty Vehicles, and Heavy-Duty Vehicles. Heavy-Duty vehicles are predicted to rise significantly in this sector due to increased usage of vehicles in the construction and oil and gas industries.

Automotive Rocker Panel Market, By Sales Channel

• Aftermarket• Original Equipment Manufacturers (OEMs)

Based on Sales Channel, the market is segmented into Aftermarket and Original Equipment Manufacturers (OEMs). This market is projected to be dominated by the OEM segment. Rising investments in car manufacturing in new markets, as well as changing customer preferences for personal transportation, will drive corporate development. The aftermarket Automotive Rocker Panel Market is predicted to grow considerably over the forecast period. The industry will grow during the forecast period as a result of aggressive growth by original equipment manufacturers into the aftermarket business, as well as greater spending on customer experience improvement.

Automotive Rocker Panel Market, By Material

• Stainless Steel• Fiber• Rubber

Based on Material, the market is segmented into Stainless Steel, Fiber, and Rubber. In the automobile sector, stainless steel automotive rocker panels are expected to outsell fibre automotive rocker panels. This increase in stainless steel vehicle rocker panel sales is predicted to be linked to the product’s extra protective features against stone and pebble peeling and chipping in the door panel body.

Automotive Rocker Panel Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

So, when we look at where automotive rocker panels are popular, it breaks down geographicallyNorth America, Europe, Asia Pacific, and then just everywhere else. In North America and Western Europe, the increasing need for lighter commercial vehicles should really help the rocker panel market grow. Plus, places like Latin America, the Middle East, and Africa need more vehicles for building projects and the oil and gas industries, which should also boost demand for these panels. And keep an eye on Japan – with all their cool technology, they're expected to become a big player in the automotive rocker panel market in the coming years.

Key Players

The “Global Automotive Rocker Panel Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Auto Metal Direct LLC, Classic 2 Current Fabrication, Putco Inc., Rugged Ridge, Smittybilt, SMP Deutschland GmbH, Willmore Manufacturing Inc., B&I, Nor/Am Auto Body Parts and Innovative Creations.

Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

Key Developments

• On 1 September 2021, Standard Motor Products, Inc., a prominent automobile components manufacturer and distributor, announced the acquisition of 100% of the capital stock of Stabil Operative Group GmbH, a German firm.

• On 1 June 2021, Standard Motor Products, Inc. (NYSESMP), a prominent producer and distributor of automotive components, said that it has purchased 100 percent of the capital stock of Trumpet Holdings, Inc., a Delaware business.

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We take a look at the market from all angles, using both number-crunching (quantitative) and understanding the “why” behind the numbers (qualitative). We divide the market into segments based on things like money and trends. We'll give you market values in USD Billion for each segment, big and small. We'll also point out which regions and segments are likely to grow the fastest and be the biggest. You'll see an analysis by region, showing who's using the product/service and what's influencing the market there. Our competitive landscape section ranks the major players and covers their new offerings, partnerships, expansions, and acquisitions from the last five years. We include detailed company profiles with overviews, insights, product comparisons, and SWOT analyses. You'll get a sense of where the industry is now and where it's headed, covering recent happenings, growth opportunities, and what's holding things back in both new and established markets. We even dig into the market using Porter's Five Forces. We'll give you insight into the market through the value chain. You’ll get a look at the market's dynamics and potential growth in the coming years. And, to top it off, you get 6 months of analyst support after your purchase.

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